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23/09/2021
CMS ad­vises private Jac­obs Uni­versity Bre­men on sale to Schaff­hausen In­sti­tute...
Ham­burg – The private Jac­obs Uni­versity Bre­men has a new ma­jor­ity own­er in Schaff­hausen In­sti­tute of Tech­no­logy, a private Swiss edu­ca­tion­al and re­search in­sti­tu­tion. Dr An­dreas Bovenschulte, Pres­id­ent...
23/09/2021
EU Court of Justice rules against In­tra-EU ar­bit­ra­tion un­der the En­ergy...
On 2 Septem­ber 2021, the Court of Justice of the European Uni­on (CJEU) ruled that in­tra-EU ar­bit­ra­tions based on the En­ergy Charter Treaty (ECT) vi­ol­ate EU law.  The de­cision is likely to im­pact the...
22/09/2021
Em­ploy­ment ter­min­a­tion law and le­gis­la­tion in Ger­many
1. Dis­missal of em­ploy­ees 1.1 Reas­ons for dis­missal Em­ploy­ees with more than six months’ con­tinu­ous ser­vice with an em­ploy­er which em­ploys more than ten em­ploy­ees (in ex­cep­tion­al cases: more than...
Comparable
22/09/2021
Re­cap­it­al­isa­tion of Air France: Vuel­ing in first place for the al­loc­a­tion...
On 20 Septem­ber 2021, the European Com­mis­sion ap­proved the al­loc­a­tion to Vuel­ing of 18 daily slots at Par­is-Orly air­port fol­low­ing a se­lec­tion pro­ced­ure over the sum­mer. This meas­ure is part of the re­cap­it­al­isa­tion...
22/09/2021
“Friends of an ef­fect­ive Di­git­al Mar­kets Act” part 2 – France, Ger­many...
In May 2021, France, Ger­many and the Neth­er­lands pub­lished a non-pa­per with pro­pos­als to im­prove the Di­git­al Mar­kets Act (DMA). In this pa­per, the three mem­ber states, which refer to them­selves as “Friends...
22/09/2021
EU Green Deal, sus­tain­ab­il­ity and com­pet­i­tion law: European Com­mis­sion’s...
In Decem­ber 2019, the European Com­mis­sion presen­ted the “European Green Deal”, which com­mits to cli­mate neut­ral­ity by 2050. EU Mem­ber States prom­ised to re­duce emis­sions by at least 55% by 2030, com­pared...
20/09/2021
CMS ad­vises IT com­pany Bechtle on ac­quis­i­tion of Open Net­works in Aus­tria
Stut­tgart – Bechtle’s IT sys­tem in­teg­rat­or busi­ness in Aus­tria is ac­quir­ing Open Net­works GmbH, a Vi­enna-based IT ser­vice pro­vider that spe­cial­ises in de­liv­er­ing IT in­fra­struc­ture solu­tions and ap­plic­a­tion...
20/09/2021
EGYM com­pletes suc­cess­ful USD 41 mil­lion round of fin­an­cing with CMS sup­port
Mu­nich – Mu­nich-based fit­ness tech start-up EGYM has raised USD 41 mil­lion in a Series E round of fin­an­cing. The round saw May­fair Equity Part­ners, a lead­ing growth in­vestor in the tech­no­logy and con­sumer...
20/09/2021
FAQ on short-time work (Kur­z­arbeit)
Please note that the leg­al situ­ation with re­gard to the Corona pan­dem­ic is sub­ject to con­stant change. There­fore the fol­low­ing in­form­a­tion only re­flects the above-men­tioned status. Thus it is ur­gently...
17/09/2021
Vac­cine com­pens­a­tion re­gimes in Ger­many
1. Are COV­ID-19 vac­cin­a­tions ob­lig­at­ory in your jur­is­dic­tion? Are you ex­pect­ing any le­gis­lat­ive changes to en­able man­dat­ory vac­cines for all or cer­tain people (e.g. health­care pro­fes­sion­als, pub­lic ser­vants...
Comparable
15/09/2021
CMS ad­vises DZ BANK on struc­tur­ing and im­ple­ment­ing a scrip di­vidend offered...
Frank­furt/Main – Baader Bank Ak­tiengesell­schaft (“Baader Bank”), a com­pany lis­ted on the Reg­u­lated Un­of­fi­cial Mar­ket (Freiv­erkehr), has for the first time offered its share­hold­ers the op­tion of...
15/09/2021
CMS ad­vises Siri­on Bi­otech share­hold­ers on ac­quis­i­tion by PerkinElmer
Mu­nich – Lis­ted US com­pany PerkinElmer, Inc. has ac­quired SIRI­ON BI­OTECH, a lead­ing glob­al pro­vider of vir­al vec­tor-based tech­no­lo­gies for cell and gene ther­apies. Siri­on has es­tab­lished a strong port­fo­lio...